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To: John Hunt who wrote (16325)	9/2/1998 9:26:00 AM
From: Link Lady	Read Replies (1) of 18056

7,356.00 294.00 +4.16% Hong Kong Hong Kong markets cheer Wall Street's rebound in early trading cnnfn.com:80/markets/wires/9809/01/hongkong_open_wg/ The stock exchange said on Wednesday short selling on shares of HSBC Holdings Plc, Hong Kong Telecommunications Ltd and China Telecom (Hong Kong) Ltd was temporarily suspended from Wednesday until further notice and the settlement backlog of these shares was cleared. Brokers said the government probably did not want speculators to benefit from short selling the three stocks, which might be squeezed higher on Wednesday and Thursday by short-covering.

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